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Stock Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

IM Cannabis Corp. - Common Shares (NASDAQ:IMCC)

Countertrend Down (-85) - IMCC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid IMCC?

MarketClub looks at technical strength and momentum to determine if the timing is right for IMCC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_IMCC
Open High Low IMCC Price Change
0.5685 0.5936 0.5302 0.5527 -0.0024
Entry Signal

MarketClub’s Trade Triangles for IMCC

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 2.260

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2022 at 1.830

short term up The short-term trend has been UP since Aug 5th, 2022 at 0.482

Smart Scan Analysis for IMCC

Based on our trend formula, IMCC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IMCC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5685 0.5936 0.5302 0.5527 -0.0024
Prev. Close Volume Bid Ask Time
0.5551 335180 2022-08-08 15:29:34
52wk High5.0152wk High Date2021-08-06
52wk Low0.39452wk Low Date2022-08-03
Average Volume224,885Shares Outstanding40,141
Assets287,388,000MLiabilities86,152,000M
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